Month: January 2025
The Company moves ahead with its investment in Kaspa Mining Limited further building its Kaspa Mining Operations
Vancouver, B.C., Jan. 29, 2025 (GLOBE NEWSWIRE) — Dynamite Blockchain Corp. (the “Company” or “Dynamite”) (CSE: KAS) is pleased to announce that, further to its news release dated December 2, 2024, it has terminated its previously proposed acquisition (the “Original Acquisition”) of 100% of the outstanding shares of Kaspa Mining Limited (“Kaspa Mining”) and entered into a new arm’s length share purchase agreement (the “Restructured Agreement”) dated January 28, 2025.About Kaspa Mining LimitedKaspa Mining’s operation is composed of 25 Bitmain KS5 Pro miners collectively producing approximately 510 TH/s towards the mining of Kaspa and is hosted pursuant to a competitively priced management services agreement (the “MSA”)...
Greenwich LifeSciences Approved to Add Additional Sites to FLAMINGO-01 in Europe
Written by Customer Service on . Posted in Public Companies.
STAFFORD, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) — Greenwich LifeSciences, Inc. (Nasdaq: GLSI) (the “Company”), a clinical-stage biopharmaceutical company focused on its Phase III clinical trial, FLAMINGO-01, which is evaluating GLSI-100, an immunotherapy to prevent breast cancer recurrences, today provided the following update on the expansion of the clinical trial into Europe.
The Company’s application to add an additional 11 sites in Spain, Germany, and Poland has been formally approved by EMA. The academic networks participating in each country are Geicam (Spain), Unicancer (France), GBG (Germany), GIM (Italy), and a network of Polish sites. With this additional approval, regulators have cleared the way to activate approximately 110-115 sites in Europe.
Based on the interest of principal investigators at additional...
Armada Hoffler Announces Strategic Steps in Executing Its Balance Sheet Management Strategy
Written by Customer Service on . Posted in Public Companies.
VIRGINIA BEACH, Va., Jan. 29, 2025 (GLOBE NEWSWIRE) — Armada Hoffler (NYSE: AHH) announced strategic steps in reducing exposure to variable rate debt as the company continues to execute its balance sheet management strategy. Since the end of the third quarter of 2024, the Company has:Executed a $150 million floating-to-fixed rate swap, effective January 2, 2025, with a 2-year term, and a swap fixed rate of 2.5%. The Company bought down the rate for a total cost of $4.6 million. With this trade, Armada Hoffler is 100% hedged on its variable rate debt exposure, which the Company expects to maintain into the fourth quarter of 2025, based on current variable rate debt levels and existing derivative expirations.
Repaid $45.6 million of secured variable-rate debt with a weighted average effective interest rate of 6.80%.
Refinanced...
180 Degree Capital Corp. Responds to Non-Binding Proposal from Source Capital
Written by Customer Service on . Posted in Public Companies.
MONTCLAIR, N.J., Jan. 29, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”) notes that its Board of Directors (the “Board”), including the Special Committee of the Board, has evaluated the non-binding proposal from Source Capital issued on January 24, 2025 (the “Source Proposal”), pursuant to the requirements of Section 7.10 of the Agreement and Plan of Merger by and among 180 Degree Capital Corp., Mount Logan Capital Inc. (“Mount Logan”), Yukon New Parent, Inc., Polar Merger Sub, Inc. and Moose Merger Sub, LLC, dated January 16, 2025 (the “Merger Agreement”). Based on this assessment, the Board has determined that the Source Proposal does not constitute a TURN Superior Proposal (as defined in the Merger Agreement) and does not, at this time, otherwise satisfy the criteria set forth in Section...
Annual Financial Report – Solar Funding II Limited – year ended 31 October 2024
Written by Customer Service on . Posted in Public Companies.
Solar Funding II Limited – Annual report and audited financial statements for the year ended 31 October 2024
Solar Funding II Limited hereby announces that the annual report and audited financial statements for the year ended 31 October 2024 are hereby published.Attachment2024.10.31-Solar Funding II Limited AFR-Signed
RESOLUTIONS OF AFARAK GROUP SE’S EXTRAORDINARY GENERAL MEETING
Written by Customer Service on . Posted in Public Companies.
10:45 London, 12:45 Helsinki, 29 January 2025 – Afarak Group SE (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR)
RESOLUTIONS OF AFARAK GROUP SE’S EXTRAORDINARY GENERAL MEETING
Afarak Group SE’s Extraordinary General Meeting was held in Helsinki on 29 January 2025.
REDUCTION OF THE SHARE CAPITALThe EGM resolved to reduce the share capital of the Company from EUR 23,642,049.60 by EUR 22,642,049.60 to transfer funds to the fund for invested unrestricted equity.
After the measure the share capital of the Company will be EUR 1,000,000.00 and the fund for invested unrestricted equity will increase correspondingly with EUR 22,642,049.60.
The entry into force of the reduction of the share capital is subject to the completion of the creditor protection procedure set out in Chapter 14 of the Limited Liability...
Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Fourth quarter net income of $21.8 million;
Fourth quarter earnings per diluted common share of $0.71;
Annualized return on fourth quarter average assets of 1.03%;
Annualized return on fourth quarter average tangible common equity of 14.12%(1); and
Nonperforming assets decreased to 0.04% of total assets.TYLER, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter and year ended December 31, 2024. Southside reported net income of $21.8 million for the three months ended December 31, 2024, an increase of $4.5 million, or 25.8%, compared to $17.3 million for the same period in 2023. Earnings per diluted common share increased $0.14, or 24.6%, to $0.71 for the three months ended December 31, 2024, from $0.57 for the same...
Kaspi.kz Completes Acquisition of Controlling Interest in Hepsiburada
Written by Customer Service on . Posted in Mergers And Acquisitions.
ALMATY, Kazakhstan, Jan. 29, 2025 (GLOBE NEWSWIRE) — Joint Stock Company Kaspi.kz (“Kaspi.kz”) (NASDAQ: KSPI) has announced that it has completed its acquisition (the “Transaction”) of 40,000,000 Class A and 173,246,220 Class B shares (collectively, the “Shares”) of D-Market Electronic Services & Trading (“Hepsiburada”) (NASDAQ: HEPS) pursuant to the Stock Purchase Agreement (the “Agreement”) entered into on 17 October 2024 among Kaspi.kz and a group of sellers including Hanzade Doğan, the founder and controlling shareholder of Hepsiburada, Vuslat Doğan Sabancı, Begüm Doğan Faralyalı, Arzuhan Doğan Yalçındağ and Işıl Doğan (the “Sellers”).
Mikheil Lomtadze, CEO and co-founder of Kaspi.kz, commented:
“We are excited to be joining forces with Hepsiburada, one of the leading ecommerce companies in Türkiye. Expanding our addressable...
Meriaura Group Oyj, Inside information: Meriaura Group Plc and Summa Defence Oy to merge into a new group of companies in the defence sector
Written by Customer Service on . Posted in Public Companies.
Meriaura Group PlcCompany Announcement, Inside information 29 January 2025 at 10.00 a.m. (CET)
Inside information: Meriaura Group Plc and Summa Defence Oy to merge into a new group of companies in the defence sector
On 29 January 2025, Meriaura Group Plc (“Meriaura Group”) signed a conditional share exchange agreement to acquire the entire share capital of Summa Defence Oy (“Summa Defence”), which brings together defence and security companies. The transaction will create a strong group of companies focusing on safety and security of supply in Finland, in which dual-use technology will play a significant role. In connection with the arrangement, the Marine Logistics business (Meriaura Oy and its wholly owned subsidiary VG-EcoFuel Oy) will be sold to Meriaura Invest Oy. The name of the new listed company will be Summa...
Municipality Finance issues a GBP 75 million tap under its MTN programme
Written by Customer Service on . Posted in Public Companies.
Municipality Finance PlcStock exchange release 29 January 2025 at 10:00 am (EET)
Municipality Finance issues a GBP 75 million tap under its MTN programme
On 30 January 2025 Municipality Finance Plc issues a new tranche in an amount of GBP 75 million to an existing benchmark issued on 7 March 2024. With the new tranche, the aggregate nominal amount of the benchmark is GBP 500 million. The maturity date of the benchmark is 2 October 2028. The benchmark bears interest at a fixed rate of 4.375 % per annum.
The new tranche is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.
MuniFin has applied for the new tranche...